You are on page 1of 20

/

Summary
Economists use economic indicators to explore the economic conditions of the country.
Moreover, economic indicators help in quickly conveying the real state of the markets and their
progress because their calculation is based on averages and relative numbers.
One ofthose economic indicators are the market index which measures the general trend of
the market and reflect the movements of stock prices. Furthermore, market indices are used for
performance evaluation. This article investigates the securities market indices and their
importance and construction in addition to their calculations

11 1111 11
/

:


/1884/


1990(.)1
:


:
-
-
-
:




.
:
:
- .
- .
- .

11 1111 11
/

:


.
:

.
:
- /0202/ "
"


.
- /0222/ "
" 0222
.

.
- /02/
/0222/
(
)
.
- :
1 :


11 1111 19
/



.
"
"(.)2
-1 :
:
- (:)3
- :





.
- :


.
- (:)4
- :
22 /0222/

.. 0290
: Nikkei 225 .Nasdaq 100
- :
.

.

11 1111 19
/

- :
:
" .
- .
()5
-
" .
(:)6
:
- -

: .
- :
.
- :



.
- :
.
:
.


- :


.

11 1111 19
/

- .
- :



.

:
-1 (:)7



:
) (1
1 1 1 1
4800 80 3000 50 60
3500 50 2800 40 70
2400 20 1200 10 120
10700 7000

:
:2 .
:2 ( ) .
= )% 52,9 = 7000 / (7000 10700

:
Vt1 Vt 0
( V ) T
Vt 0
11 1111 19
/

=
=
=
- (:)8

:
= t

= t

= t


%60


(.)9

Nasdaq

CAC 40 .
-1 (:)10
:

11 1111 19
/

- -
: 10 40 50 :

100 1 4 5 :
20 50 80 :
150 .%50




:

=

: .
: .

30 20 10 60
3/(30 + 20 + 10) = 20
30 10
:
(10 + 20 + 10) = 40 2 3
.2/40 = 20 :
.
: Dow Jones
.Nekkei 250

11 1111 19
/

-9 (:)11



10 40 50
1
() = =
50
( x)
1 1
() =
1
50 () =
10 40 50
:

) (2
1 1 1
0,60 1,60 80 1 0,02 50
0,25 1,25 50 1 0,25 40
1,0 2 20 1 0,25 40
4,85 3
= )0,617 = 3/(3 4,85

= )0,617 = (1,0 + 0,25 + 0,60

: .
: .
0 :0 = .
: .



.

11 1111 11
/

- :
):(12)(Dow Jones Industrial Average


= t
= i t
= t

)(Standard & Poor Index (500

= t
= i t
= i b
=
=

()DWX




.
(:)13
11 1111 111
/

0 00
.0202/20/02
- - 0 0222/00/10 ( )
00222 ().
-1 11
00222.
= X


:
0222 =0222 X 29090000020222 =0222/00/10
29090000020222

29090000020222
.0222/00/10

0202/01/0
:
00220000 =0222 X 29029100020222 =0202/01/4
29090000020222


:
0000 =00222 00220000.
0%2000=00222 00220000
00222

0222/00/10
0202/20/02 00000002 000002
.%00002

11 1111 111
/

- -DWX-



.
:


X =





1111/19/19
6,696,000,000 1,116.00 6,000,000 ARBS
1,472,000,000 736.00 2,000,000 AROP
14,424,991,000 2,696.26 5,350,000 BASY
10,445,500,000 1,607.00 6,500,000 BBSF
12,076,776,000 1,677.33 7,200,000 BSO
12,205,900,000 1,220.59 10,000,000 IBTF
1,581,000,000 527.00 3,000,000 UG
1,501,100,000 883.00 1,700,000 UIC
469,260,000 1,173.15 400,000 AHT
2,076,600,000 692.20 3,000,000 AVOC
394,240,000 704.00 560,000 NAMA
11,010,800,000 1,101.08 10,000,000 SIIB
5,382,000,000 672.75 8,000,000 BBS
5,415,000,000 541.50 10,000,000 QNBS

85,151,167,000

11 1111 111
/

- :


/1990/.

-
-


:
-1 :



.






.


.

11 1111 119
/

-1 :
- -



.
-9 :



.
- :


.
- :
:
.
()1
-
-1 :Dow Jones :

0990
2
02
00 0920
( -)1 - .10
- .http://isegs.com/forum/attachment.php :
- .http://www.arab-api.org :
11 1111 119
/

0200 0209 12
12
.

.
-1 :


0202
.
-9 :911

:
.


.
-9 Value Line :1911
0201 0022
0001 : 020 02
022 ( )0200
.
-9 ( ) (:)FT-SE100
0291

022
.

11 1111 119
/


12
120 0292
0222 ( )0291/00/12
.
-9 ( 91 )CAC40 :
02 ( )0220



9 02 .
-9 :
-

0222 002

002 :
.
-9 :
( ) )Fas and Dox( :
Fas 0222 100009 Dox

122 02.
-1 - :91
0220
22 02 (
) . %02
%02 %02
.
11 1111 119
/

-11 :
:
- ()
0220 022
22 02 0220
12 0220
- ( ) :
19
- () : 0292
00
- () :
12
- ( ) :
) (SAMA
0220 10
- ( (MAZI :

- () : 11
022 - : 0290
: =
02 X /
02
- ) (BLOM 30 0220
0222 001
) (CASE 0229
0222 12
11 1111 119
/

:
:
-0
.
-0
:
- .
- .
-

.
-
.
:
-0

.
-0
.
-1


.

11 1111 119
/

:





.
:
1 . http://www.cma.org.sa :
-2 . ( )
0222 .11
-3 0229 00012-19
-4
0221 0.10
-5 . 12
-6 . http://www.arab-api.org :
-7 .
0222.021
-8 . www.sa11.com :
-9 . .
0222 .266
-10 .002
-11 - .142
- .000
12 -Look Gitman & Joehnk ,Fundamentals Of Investing , Pearson Addison Wesly , London , Tenth
Edition , 2008 , p360
-13 0 /http://www.dse.sy :

-14 -
.10
- 0 http://isegs.com/forum/attachment.php :

- 0 http://www.arab-api.org :

11 1111 111
/

( -)1 http://www.cma.org.sa :
( -)2 . ( )
0222 .11
( -)3 0229 0.12-19
( -)4
0221 0.10
( -)5 .12
( -)6 0 http://www.arab-api.org :
( -)7 . 0222
.021
( -)8 0 www.sa11.com :
( -)9 . .
0222 .266
( -)10 .002
( -)11 - .142
- .000
(12 Look Gitman & Joehnk ,Fundamentals Of Investing, Pearson Addison Wesly , London, Tenth Edition, 2008
, p360.

( -)13 /http://www.dse.sy :

11 1111 111

You might also like